LTR 2.03% 96.5¢ liontown resources limited

ASX Today, page-12440

  1. 6,522 Posts.
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    What makes you imagine that the sell trades are genuine or even caused by people being scared of the DFS. Most holders I know wont even read the DFS let alone attempt to understand it or research what better informed holders think of it. Heaps of different reasons for the SP of this stock and many others on ASX to behave like this. Nobody I have regard for as a knowledgeable and objective LTR holder is disenchanted with this new DFS/Scoping Study or the future it spells out for LTR holders, especially those with a longer view. It's purely the usual manipulation & stop loss games, sell the news players, traders and nervous Nellies who were only in for a quick profit that are causing the temporary SP reduction.

    KDR temporarily suffered similar fate at a similar stage prior to its JV and the later TO. Some might now be convinced of no TO possibility and no quick kill? They might be wrong or a JV might pop up soon now? Unless you are a day trader or trader, the trick is to hold ones nerve, be patient and ignore the noise & games. See what the next coming announcements bring - should get this stock back above $2 and on its way to $3-4.
 
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Last
96.5¢
Change
-0.020(2.03%)
Mkt cap ! $2.340B
Open High Low Value Volume
98.5¢ 98.5¢ 96.0¢ $6.831M 7.028M

Buyers (Bids)

No. Vol. Price($)
15 341306 96.5¢
 

Sellers (Offers)

Price($) Vol. No.
97.0¢ 82397 4
View Market Depth
Last trade - 16.10pm 24/07/2024 (20 minute delay) ?
LTR (ASX) Chart
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